Documentation Against Acceptance (D/A)

Documents Against Acceptance is an international payment term wherein imported goods are only released to the consignee once they have signed an agreement to pay the bill at a predetermined later date.

What is Documentation Against Acceptance (D/A) ?
Documents Against Acceptance is an international payment arrangement in which the exporter sends the shipping documents along with a bill to a bank or agent at the destination. This bank or agent only releases the goods to the consignee once they have accepted the bill and signed it to ensure that they will pay the bill at a later date.